[2026-02-02]Understanding Korea’s Lease Renewal Rights: Differences Between Renewal Claims and Recontracting

Korea’s housing lease law grants tenants a one-time lease renewal claim right.
Recontracting with significant changes resets the renewal claim eligibility.
Recent court cases clarify how and when these rights can be exercised.

[2026-01-28]Next-Gen Power Grids: How Renewable Energy and AI Are Shaping Korea’s Electricity Future

The limitations of Korea’s traditional power grid are becoming clear amid rising renewable energy adoption and increasing electricity demand.
Advanced technologies like AI, ESS, and VPP are being deployed to optimize electricity production, storage, and consumption, with Jeonnam as a pilot region.
The new grid aims to ensure stable power supply, reduce costs, and foster industrial and regional growth.

[2026-01-28]Korea Expands Key Policies in 2026: Satellite Launch, Reservist Benefits, Social Safety

The Korean government will significantly expand practical policies across land, transport, agriculture, defense, and public safety in 2026.
Major measures include the launch of Land Satellite 2, new and increased reservist training compensation, and broader VAT exemptions for pet medical care.
Disaster relief, stalking victim protection, and other social safety nets will also be strengthened nationwide.

[2026-01-27]Korea Launches Fast-Track System for Innovative Medical Devices, Reducing Entry to 80 Days

The Ministry of Health and Welfare and the MFDS will implement the ‘Immediate Market Entry Medical Technology’ system from June 26, exempting innovative devices with international clinical evaluation from new technology assessment.
This reform shortens the entry period for medical devices from up to 490 days to as little as 80 days, covering 199 items including 113 digital devices.
Safety measures and controls against non-reimbursed overuse are included, aiming to boost industry innovation and accelerate adoption of advanced technologies.

[2026-01-27]Korea Strengthens Economic Cooperation After Korea-China and Korea-Japan Summits

Deputy Prime Minister Koo Yun-cheol emphasized leveraging Korea’s industrial infrastructure and K-culture to boost strategic economic cooperation at the Foreign Economic Ministers’ Meeting on the 26th.
Key topics included reviewing outcomes of the Korea-China and Korea-Japan summits, cultural cooperation, critical minerals, overseas plant orders for 2026, and the Korea-Egypt CEPA.
The government aims to address global supply chain instability and trade risks while expanding international partnerships in industry, culture, and plant projects.

[2026-01-27]Jeonbuk National University Opens Physical AI Lab to Drive Manufacturing Innovation

The Ministry of Science and ICT officially launched the Physical AI Demonstration Lab at Jeonbuk National University.
The lab enables real-time verification of various production scenarios and technologies, with proven improvements in productivity and work environment at automotive parts companies.
Expansion through the regional AX project is expected to spread these innovations across the industry.